Will U.S. SSFs rise to the surface?

摘要

Around the world, more and more market participants are diving into single stock futures (SSFs). The asset class is booming in Europe on Euronext Liffe, Eurex and MEFF, on the South African Exchange (Safex)/JSE, on the National Stock Exchange of India, and in Asia, where the Korea Exchange plans to list individual stock futures in early 2008. In the United States, however, SSFs are merely treading water, and experts say their current convoluted regulatory structure is to blame. However, a new competitive threat from Eurex could add urgency to cleaning up the regulatory clutter in the United States and answer the question of whether SSFs in the United States will sink or swim.